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G7 Finance Ministers to Meet in Washington to Discuss Rare Earths, Three Sources Say

BRUSSELS, Jan 6 (Reuters) – ‌Finance ​ministers from ‌the Group of Seven ​nations will meet in ‍Washington on January 12 ​to discuss ​rare ⁠earths supplies, three sources familiar with the matter said on Tuesday.

One of the sources added ‌that price floors for rare ​earths would ‌be a ‍point of ⁠discussion, among other critical mineral topics.

G7 countries, except Japan, are heavily or exclusively reliant on China for ​a range of materials from rare earth magnets to battery metals. In June last year, the G7 agreed on an action plan to secure their supply chains and boost their ​economies.

(Reporting by Makiko Yamazaki in Tokyo, Julia Payne in Brussels and Trevor Hunnicutt ​in Washington; Editing by Alex Richardson)

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